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Trading Costs, the Expansion of Trade and Economic Growth in Pre-Industrial Europe
Kohn, Meir - 2001
In pre-industrial Europe, growth was driven by the expansion of trade, and the expansion of trade was driven by falling trading costs. This paper discusses the mechanisms linking these processes: profit-seeking behavior by merchants, changes in the organization of production, technological...
Persistent link: https://www.econbiz.de/10014138697
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How Can Growth Be Accelerated in Europe?
Viren, Matti - 2012
This paper deals with economic growth in Europe. The special emphasis is in key institutional factors that are commonly assumed to affect aggregate growth: functioning of labor markets, availability of labor and capital, and the size of government. For more explicit measures, we use the data on...
Persistent link: https://www.econbiz.de/10013098173
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Financial Development, Firm Growth, and Aggregate Productivity Divergence in Europe
Sui, Xiaomei - 2021
Since the information and communications technology revolution, productivity growth in Southern European countries has … been substantially lower than in developed European countries. I document that Spanish firms have lower productivity growth … a model featuring endogenous firm productivity growth through innovation investment and size-dependent financial …
Persistent link: https://www.econbiz.de/10013220301
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Structural reforms to set the growth ambition
Rovo, Natasha - 2020
-side channel: capital, labor, and productivity, with the last estimated using the stochastic frontier approach. By controlling for …
Persistent link: https://www.econbiz.de/10012230763
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Structural reforms in the European Union : what is new after the crisis?
Milone, Luciano Marcello - In: Economia internazionale 73 (2020) 3, pp. 351-372
Persistent link: https://www.econbiz.de/10012421207
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Wagner's hypothesis in Europe : a causality analysis with disaggregated data
Trofimov, Ivan D. - In: European journal of government and economics : EJGE 12 (2023) 1, pp. 5-38
This paper examines Wagner hypothesis of the growth of public expenditure alongside the growth of economic activity for a panel of 28 European economies during the 1995-2018 period. The hypothesis is verified using Pesaran (2007) panel unit root and Westerlund (2007) cointegration tests that...
Persistent link: https://www.econbiz.de/10014310932
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Taxation is an Obstacle to Economic Growth - An Empirical Analysis for Western Europe and Japan (1999-2007)
Georgiou, Miltiades N. - 2010
In the present paper an effort will be made to show empirically that disposable income has a positive impact on economic growth. Sample covers Western European countries and Japan for the period 1999-2007. Panel data are elaborated by means of Eviews software package
Persistent link: https://www.econbiz.de/10013147488
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Does international trade promote economic growth? : Europe, 19th and 20th centuries
Bajo Rubio, Oscar; Ramos-Herrera, María del Carmen - 2023
In this paper, we analyse the relationship between international trade and economic growth in an unbalanced panel of 20 European countries in a long-term perspective, since the mid-19th century to present days, differentiating between the periods before and after the start of the Second World...
Persistent link: https://www.econbiz.de/10014445938
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Tourism on Economic Growth. A European Panel Data Analysis
Georgiou, Miltiades N. - 2015
In the present paper an empirical analysis will point out tourism has a positive impact on economic growth, thus supporting the findings of (Sequeira and Campos, 2005). The sample covers Western Europe. Data are taken from Eurostat. The elaboration of these panel data is made feasible by means...
Persistent link: https://www.econbiz.de/10013029257
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Competition for People as Drivers of Future Economic Growth : European People’s Attitudes Towards Migration
Paas, Tiiu; Halapuu, Vivika - 2012
The paper follows an argument that the key elements of global competition are no longer trade of goods and services and flows of capital, but the competition for people. We claim that economic growth is driven by educated and innovative people, who prefer to live and migrate to countries that...
Persistent link: https://www.econbiz.de/10014173469